Bequests

By making a provision for a bequest to Colby in your estate plans, you are arranging a lasting legacy that will provide for the College beyond your lifetime. It signifies what is important to you and affirms the values you consider most essential. It also provides an opportunity to extend support to future generations of students. A bequest is a planned gift anyone can afford. You do not have to be wealthy to remember Colby in your will or trust. The greatest requirement for a bequest is foresight.

How do I make a bequest?

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made as a part of your estate plan to family, friends, or Colby.


What are my options?

Here are five ways alumni, parents, faculty, staff, and friends may consider making a bequest for Colby:

  1. Specify an amount of money or asset to leave to Colby
  2. Set a percentage of your estate to leave to Colby
  3. Identify other gifts to Colby, such as shares of stock, art, or other personal property
  4. Name Colby the beneficiary of a life insurance policy, retirement account, or some other asset
  5. Pass to Colby the remainder of your estate after all debts, charges, and other bequests have been honored

How can I learn more?




What if I have already made a provision for Colby in my estate plans?

If you have already made a provision for the College through a bequest, please share your gift intentions with us so we may honor them. Please complete our Bequest Documentation Form to notify the College of your gift. Upon receipt, you will be inducted into the Willows Society. Additionally, if you are within three years of your 50th Reunion, or are 70 years of age or older, your estate commitment will be counted as a current commitment to Colby, and included in the 50th Reunion gift. You are welcome to contact us with any questions by calling 800-809-0103, or emailing giftplanning@colby.edu.

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